Revenue from ride-hailing in the United States was nearly twice as high as revenue from taxis in 2022. Ride-hailing is projected to rise from around 45 billion U.S. dollars in 2022 to over 54 billion U.S. dollars in 2027. Meanwhile, revenue in the taxi industry is projected to decline from around 24 billion U.S. dollars to under 21 billion U.S. dollars, reflecting the shift towards online sales channels in the shared transport industry.
Ride-hailing and taxi revenue in the United States from 2017 to 2022 with a forecast through 2027
(in billion U.S. dollars)
Characteristic
Ride-hailing
Taxi
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based on an October 2023 forecast which takes into acount the marketimpact of Russia's war on Ukraine.
Supplementary notes
Ride-hailing includes platforms that let users book rides offered by drivers using their private vehicles (e.g., Uber), taxi companies that offer their services through an app (e.g., Free Now), platforms that offer shared rides (ride-pooling) with other passengers (e.g., Moia, Via).
Taxis include traditional taxi rides booked offline with taxi companies (via street-hailing or by telephone).
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Statista. (October 1, 2023). Ride-hailing and taxi revenue in the United States from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1421823/ride-hailing-and-taxi-revenue-united-states/
Statista. "Ride-hailing and taxi revenue in the United States from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars)." Chart. October 1, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1421823/ride-hailing-and-taxi-revenue-united-states/
Statista. (2023). Ride-hailing and taxi revenue in the United States from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1421823/ride-hailing-and-taxi-revenue-united-states/
Statista. "Ride-hailing and Taxi Revenue in The United States from 2017 to 2022 with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Oct 2023, https://www.statista.com/statistics/1421823/ride-hailing-and-taxi-revenue-united-states/
Statista, Ride-hailing and taxi revenue in the United States from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1421823/ride-hailing-and-taxi-revenue-united-states/ (last visited July 03, 2024)
Ride-hailing and taxi revenue in the United States from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars) [Graph], Statista, October 1, 2023. [Online]. Available: https://www.statista.com/statistics/1421823/ride-hailing-and-taxi-revenue-united-states/